Daniel Gale Sotheby’s International Realty, one of the nation’s leading realtors, has acquired Virginia O’Dwyer Real Estate of Stony Brook, New York. Daniel Gale Sotheby’s President and CEO Patricia Petersen made the announcement.
“We are very pleased to add this group to our organization as a part of our long term growth strategy,” said Ms. Petersen. “The Virginia O’Dwyer name has a 40-year history in Stony Brook and the Three Village area and, like Daniel Gale Sotheby’s, has an impeccable reputation for professionalism, integrity, expertise and local knowledge. This transaction is reflective of our confidence in both the Virginia O’Dwyer team and in the continued vitality and value of North Shore real estate.”
“Daniel Gale Sotheby’s is the right organization at the right time,” says Michael E. O’Dwyer, who with his mother, Virginia, accepted the agreement with Daniel Gale. “When we met with Pat Petersen and her team, it was immediately apparent that the Daniel Gale Sotheby’s organization was the right fit for us. Today’s real estate market demands leading edge technology and a global reach, and Daniel Gale Sotheby’s has the resources, know-how and professional standards that will allow us to elevate the services we offer our clients and customers so that we all benefit.”
Michael O’Dwyer, whose real estate career spans more than 25 years at the agency his mother founded, will manage what will be known as the Virginia O’Dwyer Division of Daniel Gale Sotheby’s International Realty. The combined Daniel Gale Sotheby’s/Virginia O’Dwyer group will occupy the former O’Dwyer agency office at 1067 Route 25A, Stony Brook, opposite the Stony Brook Long Island Railroad station and Stony Brook University.
Daniel Gale Sotheby’s International Realty agents and clients benefit from wide exposure to a national and global audience through extensive worldwide marketing and the Daniel Gale and Sotheby’s International Realty websites. Homes are also featured in Daniel Gale Sotheby’s Premier Properties and showcased at Sotheby’s auction house and global offices.
Founded in 1922, Daniel Gale Sotheby’s International Realty consistently leads the nation in achieving one of the highest average sales prices in the country. DGSIR is a $2.4 billion dollar plus organization with close to 600 sales associates in 22 sales offices spanning Long Island. Services include a Relocation Division, an award-winning Marketing & Technology Department, a Development Marketing Group, Commercial and Rental Divisions; Ambassador Abstract title company, and a Wells Fargo Home Mortgage affiliation. The Sotheby’s International Realty® affiliate for Long Island’s North Shore since 1976, DGSIR has gained national and international recognition, including top honors worldwide.